An article from the Charlotte Observer notes that “Charlotte home prices jumped nearly 10% in May from a year ago.” This is great news as it indicates that the housing market, as well as the economy as a whole, is continuing to pick back up.

Mark Fleming, chief economist for CoreLogic, states, “It’s been more than seven years since the housing market last experienced the increases that we saw in May, with indications that the summer months will continue to see significant gains.”